Barnes Group And 3 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Barnes Group (B), Magyar Bancorp (MGYR), Apollo Tactical Income Fund (AIF) are the highest payout ratio stocks on this list.

We have gathered information concerning stocks with the highest payout ratio so far. The payout ratio in itself isn’t a guarantee of good investment but it’s an indicator of whether dividends are being paid and how the company chooses to issue them.

When researching a potential investment, the dividend payout ratio is a good statistic to know so here are a few stocks with an above 30% percent payout ratio.

1. Barnes Group (B)

711.11% Payout Ratio

Barnes Group Inc. provides engineered products, industrial technologies, and solutions in the United States and internationally. It operates in two segments: Industrial and Aerospace. The Industrial segment offers precision components, products, and systems used by various customers in end-markets, such as transportation, industrial equipment, automation, personal care, packaging, electronics, and medical devices. This segment also designs and manufactures hot runner systems, mold cavity sensors and process control systems, and precision high cavitation mold assemblies for injection molding applications; provides force and motion control solutions for various metal forming and other industrial markets; and designs and develops robotic grippers, end-of-arm tooling systems, sensors, and other automation components for intelligent robotic handling solutions and industrial automation applications. In addition, it manufactures and supplies precision mechanical products, including mechanical springs, and high-precision punched and fine-blanked components used in transportation and industrial applications, including mechanical springs, and high-precision punched and fine-blanked components. This segment sells its products primarily through its direct sales force and distribution channels. The Aerospace segment produces fabricated and precision machined components and assemblies for turbine engines; and nacelles and structures for commercial and defense-related aircraft. It also provides aircraft engine component maintenance, repair, and overhaul services for turbine engine manufacturers, commercial airlines, and defense market; and manufactures and delivers aerospace aftermarket spare parts. This segment serves original equipment manufacturing industry. The company was founded in 1857 and is based in Bristol, Connecticut.

Earnings Per Share

As for profitability, Barnes Group has a trailing twelve months EPS of $0.09.

PE Ratio

Barnes Group has a trailing twelve months price to earnings ratio of 454. Meaning, the purchaser of the share is investing $454 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 0.35%.

Yearly Top and Bottom Value

Barnes Group’s stock is valued at $40.86 at 14:23 EST, below its 52-week high of $43.66 and way higher than its 52-week low of $18.79.

Moving Average

Barnes Group’s worth is way higher than its 50-day moving average of $36.99 and way higher than its 200-day moving average of $33.55.

2. Magyar Bancorp (MGYR)

75% Payout Ratio

Magyar Bancorp, Inc. operates as the holding company for Magyar Bank that provides various banking services in the United States. It accepts various deposit accounts, including demand, NOW, money market, savings, retirement, and certificates of deposit accounts. The company also offers residential mortgage loans; commercial real estate, commercial business, and construction loans; and consumer loans, which consist of home equity lines of credit and stock-secured demand loans. In addition, it provides non-deposit investment products and financial planning services, including insurance products, fixed and variable annuities, and retirement planning for individual and commercial customers; and buys, sells, and holds investment securities. The company has seven branch offices located in New Brunswick, North Brunswick, South Brunswick, Branchburg, Bridgewater, and Edison, New Jersey; and a loan product office located in Keyport, New Jersey. Magyar Bancorp, Inc. was founded in 1922 and is headquartered in New Brunswick, New Jersey. Magyar Bancorp, Inc. is a subsidiary of Magyar Bancorp, MHC.

Earnings Per Share

As for profitability, Magyar Bancorp has a trailing twelve months EPS of $0.2.

PE Ratio

Magyar Bancorp has a trailing twelve months price to earnings ratio of 55.85. Meaning, the purchaser of the share is investing $55.85 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 7.33%.

Volume

Today’s last reported volume for Magyar Bancorp is 848 which is 81.03% below its average volume of 4471.

Moving Average

Magyar Bancorp’s worth is above its 50-day moving average of $11.08 and higher than its 200-day moving average of $10.70.

Yearly Top and Bottom Value

Magyar Bancorp’s stock is valued at $11.17 at 14:23 EST, under its 52-week high of $12.00 and way higher than its 52-week low of $9.00.

3. Apollo Tactical Income Fund (AIF)

62.17% Payout Ratio

Apollo Tactical Income Fund Inc. is a closed-ended fixed income fund launched and managed by Apollo Credit Management, LLC. The fund invests in fixed income markets. It primarily invests in senior secured loans including floating rate senior loans, high yield corporate bonds, and other credit instruments of varying maturities made to companies whose debt is typically rated below investment grade. The fund employs a conservative approach to credit selection that focuses on such factors as collateral coverage, structural seniority, credit fundamentals, with emphasis on leading defensible market positions, stable companies with positive cash flow, and proven management teams to create its portfolio. Apollo Tactical Income Fund Inc. was formed on February 25, 2013 and is domiciled in the United States.

Earnings Per Share

As for profitability, Apollo Tactical Income Fund has a trailing twelve months EPS of $2.4.

PE Ratio

Apollo Tactical Income Fund has a trailing twelve months price to earnings ratio of 6.1. Meaning, the purchaser of the share is investing $6.1 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 16.75%.

Yearly Top and Bottom Value

Apollo Tactical Income Fund’s stock is valued at $14.64 at 14:23 EST, below its 52-week high of $15.45 and way higher than its 52-week low of $12.05.

Moving Average

Apollo Tactical Income Fund’s worth is higher than its 50-day moving average of $14.40 and higher than its 200-day moving average of $13.84.

4. Greif (GEF)

35.29% Payout Ratio

Greif, Inc. engages in the production and sale of industrial packaging products and services worldwide. It operates through three segments: Global Industrial Packaging; Paper Packaging & Services; and Land Management. The Global Industrial Packaging segment produces and sells industrial packaging products, including steel, fiber, and plastic drums; rigid and flexible intermediate bulk containers; closure systems for industrial packaging products; transit protection products; water bottles, and remanufactured and reconditioned industrial containers; and various services, such as container life cycle management, filling, logistics, warehousing, and other packaging services to chemicals, paints and pigments, food and beverage, petroleum, industrial coatings, agriculture, pharmaceuticals, mineral product, and other industries. This segment also offers flexible intermediate bulk containers and related services. The Paper Packaging & Services segment produces and sells containerboards, corrugated sheets and containers, and other corrugated and specialty products to customers in the packaging, automotive, food, and building products markets; and produces and sells coated and uncoated recycled paperboard, and recycled fiber. This segment's corrugated container products are used to ship various products, such as home appliances, small machinery, grocery products, automotive components, books, and furniture, as well as various other applications. The Land Management segment engages in harvesting and regeneration of timber properties; and sale of timberland and special use properties. As of October 31, 2022, this segment owned approximately 175,000 acres of timber properties in the southeastern United States. The company was formerly known as Greif Bros. Corporation and changed its name to Greif, Inc. in 2001. Greif, Inc. was founded in 1877 and is headquartered in Delaware, Ohio.

Earnings Per Share

As for profitability, Greif has a trailing twelve months EPS of $5.78.

PE Ratio

Greif has a trailing twelve months price to earnings ratio of 11.13. Meaning, the purchaser of the share is investing $11.13 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 17.75%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 5.1%, now sitting on 5.15B for the twelve trailing months.

Moving Average

Greif’s worth is above its 50-day moving average of $64.27 and under its 200-day moving average of $65.53.

Volume

Today’s last reported volume for Greif is 94703 which is 47.21% below its average volume of 179414.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Mar 15, 2024, the estimated forward annual dividend rate is 2.08 and the estimated forward annual dividend yield is 3.22%.

Previous days news about Greif (GEF)

  • Compared to estimates, greif (gef) Q2 earnings: A look at key metrics. According to Zacks on Wednesday, 5 June, "Here is how Greif performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:"

1. 1 (1)

1% Payout Ratio

1

Earnings Per Share

As for profitability, 1 has a trailing twelve months EPS of $1.

PE Ratio

1 has a trailing twelve months price to earnings ratio of 1. Meaning, the purchaser of the share is investing $1 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 1%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.

Volatility

1’s last week, last month’s, and last quarter’s current intraday variation average was 1.00%, 1.00%, and 1.00%.

1’s highest amplitude of average volatility was 1.00% (last week), 1.00% (last month), and 1.00% (last quarter).

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 1% and 1%, respectively.

Earnings Before Interest, Taxes, Depreciation, and Amortization

1’s EBITDA is 1.

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